What is the federal short term capital gains tax rate?
2007-04-11 04:23:05 · 4 answers · asked by Fawntel R 2 in Business & Finance ➔ Taxes ➔ United States
Your tax rate on ordinary income.
2007-04-11 04:25:00 · answer #1 · answered by hdsok 2 · 1⤊ 0⤋
Short term capital gains are taxed at ordinary income rates, which range from zero to 35% depending on your total taxable income. The special lower tax rates only apply to LONG term capital gains.
2007-04-11 12:49:08 · answer #2 · answered by Judy 7 · 1⤊ 1⤋
hdsok is correct,, no special treatment for short term gains,, it's just added in with the rest of your income and taxed at whatever rate that may fall into.
2007-04-11 11:36:43 · answer #3 · answered by Jo Blo 6 · 0⤊ 0⤋
very confusing problem. look at a search engine. this may help!
2014-11-06 04:20:17 · answer #4 · answered by Anonymous · 0⤊ 0⤋